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Lars Jensen, CEO of Vespucci Maritime, says the economics and legalities of President Trump's proposed toll on the Strait of Hormuz made his U-turn on this inevitable. He also explains why he believes the Strait remains de fact closed despite U.S. asserti
cnbc.com·Business by Flipboard·1d ago·1 min readUkrainian drone strikes have crippled Russian refining capacity, stranding 135 million barrels of crude oil at sea and impacting Russia's oil revenue.
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